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| Quote ="east hull FC fan"This is where a lot of your lot are getting mistaken, we have been a profitable business. What Pearson is getting at is that these profits were made on an unrealistic cost base. He wants us to be a profitable business while spending appropriately, that will take time.'"
Give it up, mate. The number of Rovers fans bright enough to understand this simple fact can be counted on the fingers of one hand.
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Club Coach | 29803 | No Team Selected |
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| Quote ="Jake the Peg"I'm sure mrs b can bring up one of our many debates on where the cash was going'"
James Rule has let me down so badly, it's almost as if [unone[/u of the stuff he said on Airlie Night was true. Dreams in tatters
I feel I should have had a cut of what Kath took out of the club. I've been almost full time on here defending her and Rule over the last 6 years, without pay, and not even a loyalty bonus. Shafted.
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Club Owner | 17348 | No Team Selected |
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Mar 2004 | 21 years | |
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| Quote ="MrPhilb"Only at hull FC could losing 300 grand with more to come be a good thing. You've all spent ages telling us what a magnificent profitable organisation you are.
Seems it was all built on sand foundations
Whoopsie'"
We made a loss one year in 6 years...in that year our crowds dipped (on the back of dreary rugby the previous 2/3 seasons) we paid a transfer fee for Obst, Commercial income continued to fall (on the back of dreary rugby and the economic downturn) and the fans were so miserable and fed up that I doubt we sold any merchandise in the last few months of the season. I would also imagine that some of the coaches we have got rid of will have been paid redundancy money during this financial period.
Don't get me wrong, I am very happy to get rid of the old board and make a fresh start. But it doesn't mean we weren't a viable, profitable business before 2011.
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| Quote ="Mrs Barista"Now, now. Losses of £1.9m over 6 years, net liabilities of £2.1m, £1m loan from Allam, ERDF funding not yet signed off on the North Stand, and the marquee signing of, er, Graeme Horne. Are you [usure[/u you don't want to trade?
'"
I told you the Gleeson story was the tip of the iceberg when it came to bad news. I knew you'd like this one though
Oh and we don't owe Mr Allam a penny, he is a very generous man. I'm sure you'll find that out soon
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| Quote ="MrPhilb"I told you the Gleeson story was the tip of the iceberg when it came to bad news. I knew you'd like this one though
Oh and we don't owe Mr Allam a penny, he is a very generous man. I'm sure you'll find that out soon
'"
this old chestnut, you OWE Allam £1m (at least)
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| Quote ="UllFC"We made a loss one year in 6 years...in that year our crowds dipped (on the back of dreary rugby the previous 2/3 seasons) we paid a transfer fee for Obst, Commercial income continued to fall (on the back of dreary rugby and the economic downturn) and the fans were so miserable and fed up that I doubt we sold any merchandise in the last few months of the season. I would also imagine that some of the coaches we have got rid of will have been paid redundancy money during this financial period.
Don't get me wrong, I am very happy to get rid of the old board and make a fresh start. But it doesn't mean we weren't a viable, profitable business before 2011.'"
Well Pearson has already stated you posted profits but only because the club was not investing in the area it needed. Added to the fact you've are faced with a huge historic tax bill which has been negotiated down to one third of what it could have been worse case scenario.
I guess you did all state for years you where in a false position. We thought you meant league position though not financial
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| Quote ="gingerspice"icon_biggrin.gif
at least ur seeing the funny side of it mrs b I think it's a positive that Adam pearson has bin honest and up front with all the fans tell ya hetherington and co ave a lot to answer to she won't be bothered tho will she at least the bad people have now left the club as much as I really don't like fc for obvious reasons for one as a KR fan I'm not into gloating it's happened am sure it will improve
'"
If you give it out, ginge, you have to take it.
The even worse story here is what would have happened had Pearson not been a willing buyer. Might be worth its own thread.
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Club Owner | 14306 | No Team Selected |
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| I had a little chuckle when I read the Hull Daily Mail this Morning. As a Rovers fan I felt after the stick we've being given in recent years I was certainly entitled to do so. However!! us Rovers fans are certainly not in a position to gloat. We've managed to get our losses down to around 200k but thats still 200k we have to find every season whilst the Bank manager & Shareholders start to want a return in the money they are owed and have invested. The longer we have debt and money owed the more of a problem it then becomes.
From Where Hull stand they are in a decent position. They have somebody financially astute in charge in Adam Pearson and a good season this year will put the brakes on any further losses which could create an upward trend.
Quote ="hullbg"
EBT bill of unknown proportions but you have had plenty of overseas players so should be substantial to say the least.'"
This I don't agree with. When the EBT loophole was stopped we'd being in super league for only a few years. We'll have liabilities with the HMRC I'm sure but substantial wouldn't be a word I'd use.
I'd probably say they'd be about 1/10th of Hulls liabilities which for us is still a massive sum
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| Quote ="Mrs Barista"If you give it out, ginge, you have to take it.
The even worse story here is what would have happened had Pearson not been a willing buyer. Might be worth its own thread.'"
God yeah never thought of that phew
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| Quote ="Big Brother"In adam we OWE'"
Sorry couldnt resist.
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| Quote ="Standee"this old chestnut, you OWE Allam £1m (at least)'"
You'll have to excuse me for ignoring you. I know you think you get both clubs internal memos sent to your inbox but Wolfie knows more than you.
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| Quote ="MrPhilb"You'll have to excuse me for ignoring you. I know you think you get both clubs internal memos sent to your inbox but Wolfie knows more than you.'"
Are you claiming that you've repaid Allam?
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Club Owner | 17898 | No Team Selected |
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| Quote ="Kosh"Give it up, mate. The number of Rovers fans bright enough to understand this simple fact can be counted on the fingers of one hand.'"
6?
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| Quote ="Chris28"6?'"
They have 6 fingers as well as 6 toes
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| Quote ="MrPhilb"You'll have to excuse me for ignoring you. I know you think you get both clubs internal memos sent to your inbox but Wolfie knows more than you.'"
Interesting slant on ignoring someone, replying to them and quoting their message.
As cod'ead has asked, you paid Allam back have you?
I feel sorry for some rovers fans, so little to talk about with limpdick and signing the mighty Graeme Horne they feel the need to come and comment on what is, in reality, not a big story, at £300k a season we'll be losing less than most, and it was only a one season loss, who knows what 2012 onwards will bring.
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| Another loss as Lord Faulkner has already told you, first of many this.
And I don't need to answer a question I've already answered. You can keep making as much stuff up as you like about Rovers finances. What you believe to be true and the actual truth will always be completely different things.
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| Quote ="MrPhilb"Another loss as Lord Faulkner has already told you, first of many this.
And I don't need to answer a question I've already answered. You can keep making as much stuff up as you like about Rovers finances. What you believe to be true and the actual truth will always be completely different things.'"
What you wish the truth was and what the facts are will always be different things, you're just deluded, but that's nothing new.
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| Quote ="MrPhilb"Another loss as Lord Faulkner has already told you, first of many this.
And I don't need to answer a question I've already answered. You can keep making as much stuff up as you like about Rovers finances. What you believe to be true and the actual truth will always be completely different things.'"
1) Accounts show losses of £1.9m for Rovers over 6 years. Are you saying this is untrue?
2) Allam said he had made Rovers a loan of £1m. So you are saying he's waived it.
Just for clarity, like.
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| ffs ive just got comedy gold back on sky after the Gleeson stuff and this comes out !!!!!
FWIW i think you have the right guy to change this around and like Mrs B says,if you give it you have to take it at times !
Alls fair in love and war and banter loves long and hard in Hull.
Never dull in Hull.
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| Paul Cooke's tweets today: may as well #tag the whole lot with #itoldyouso
Says he asked three times to sort it out and stay but was knocked back. That he'll put his side of the story out in 2013. And other comments about the outgoing regime. Wishing FC well.
Also doing 7 marathons in 7 days for Dove House.
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| Quote ="Mrs Barista"Paul Cooke's tweets today: may as well #tag the whole lot with #itoldyouso
Says he asked three times to sort it out and stay but was knocked back. That he'll put his side of the story out in 2013. And other comments about the outgoing regime. Wishing FC well.
Also doing 7 marathons in 7 days for Dove House.'"
Tbh it would be hilarious if he had a point, redemption!
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| Quote ="Sandra The Terrorist"I can't really understand the glee that this is being greeted with.
To me this just looks like Pearson putting a brake on a little of the euphoria that's greeted his arrival and perhaps measuring expectations down a little to allow his new team some time to bare fruits from their new systems and practices.
The two clubs positions are fundamentally different and both boards will obviously be working to get the most out of what they've got.
Pearson merely seems to be stating that it's going to take more money over a longer period of time for Hull to get to where they want to be. He's recognised that the failure of the previous board to get the team to perform to their maximum both on and off the field was down to under investment in the playing side of things. This led to a fall in attendances and merchandising.
He appears to me to be saying that as well as the financial commitments he was prepared to take on for off field matters he can now see that it's also going to take more more investment to improve things on the pitch and that he feels that if this can be achieved then attendances and merchandise sales will rise. Seems fairly reasonable to me.
This is going to take a little longer than he thought and he seems to be making a statement of intent that this is what he hopes to achieve.
Which clubs make money in Rugby League? Leeds, maybe Wigan. That's possibly about it. There's probably only the opportunity for three, maybe four clubs to actually turn a profit. Pearson wants to get into one of those positions, the objective is for the club to run as a profitable business.
The situation at Rovers is for us to not necessarily make money but to stop haemorrhaging it and become largely self sufficient.'"
Quote ="east hull FC fan"This is where a lot of your lot are getting mistaken, we have been a profitable business. What Pearson is getting at is that these profits were made on an unrealistic cost base. He wants us to be a profitable business while spending appropriately, that will take time.'"
Quote ="hullbg"Come on, since when have facts got in the way of the dobbins trolling.'"
Quote ="cod'ead"It doesn't even get in the way of Blunderside's trolling. They, like the idiots on the dark side, are still convinced that capitalising players on the balance sheet has an impact on the P&L account'"
Quote ="Kosh"Give it up, mate. The number of Rovers fans bright enough to understand this simple fact can be counted on the fingers of one hand.'"
Quote ="Chris28"6?'"
Quote ="Marfa Manu"They have 6 fingers as well as 6 toes
'"
Disappointing.
I was posting in support of your new owner and against the rabid frothing of fellow Rovers fans as can be seen by my post.
One of the usual anti east of the city posters chose to selectively quote me.
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| Quote ="Sandra The Terrorist"Disappointing.
I was posting in support of your new owner and against the rabid frothing of fellow Rovers fans as can be seen by my post.
One of the usual anti east of the city posters chose to selectively quote me.'"
You have webbed feet!
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